PPPRA: No plan to increase petrol pump price

PPPRA: No plan to increase petrol pump price

The Executive Secretary, Petroleum Products Pricing Regulatory Agency (PPPRA), Abdulkadir Saidu, says the Federal Government has no intention to add to the cost of Premium Motor Spirit referred to as petrol.

Saidu reestablished this in an announcement on Tuesday in Abuja that the retail cost of petrol stayed at the subsisting value cap of N145 per liter.

He encouraged Nigerians to disregard the developing hypothesis on the indicated likely increment in the pump cost.

The official secretary prompted marketers to guarantee that there was no value falsification in their separate retail outlets.

He additionally stated that PPPRA would keep on completing its oversight capacity of observing activity in terminals & in all filling stations over the nation.

This, he stated, was to guarantee compliance to the directed cost & to halt the beginning of different types of sharp practices at retail outlets.

The official secretary further cautioned that suitable punishments is on ground for any blundering filling station.

He complimented the petroleum products marketers in the nation for clinching to exchange with the government to determine the controversy emerging from the remitance of incomplete fuel appropriation demands.

Saidu said that setting out on strike was not generally the best choice to address any modern disagreement, regardless of the conditions including that the multiple impacts were in every case excessively to take.

The official secretary spoke to the administration of the oil marketers’ associations to collaborate with government to locate a functional resolution for the issues radiating from the remitance of unpaid debts.

He assured that PPPRA would keep on supporting, participate & work together with marketers to guarantee helpful mechanical atmosphere where the best of the oil & gas sector could be displayed.

Saidu likewise guaranteed Nigerians of PPPRA’s aggregate pledge to benefit shipment & continuous petroleum product good supply and dispersion particularly amid this merry period and after.

He engaged drivers and different PMS buyers to cease from frenzy purchasing, as PPPRA was in full swing with different offices of government to guarantee sufficient supply & circulation of petroleum product across the country.